Case Study: Global Manufacturer of Medical Devices achieves improved lease compliance and strategic portfolio planning with Cresa

Cresa Builds Success with Best Practices in Lease Administration

Global Manufacturer of Medical Devices engaged Cresa for Lease Administration to update and customize its lease database. The healthcare company (13,650 sq. ft.) needed to better leverage existing database technology to track additional clauses, critical dates and options, and to produce consistent abstracted data and management reporting.

Cresa pinpointed database errors, recommended and implemented a tailored database structure and a consistent abstraction process, and identified missing documents while improving processes and procedures to strengthen lease compliance. As a result, Cresa delivered accurate, high-quality data and comprehensive monthly reports that mitigated the risk of missed options and critical dates and enabled strategic portfolio planning.